News

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Greater Irvine Chamber Offers Fifth Annual John Colvin Memorial Scholarship

Friday, March 15, 2019

For the fifth year, the Greater Irvine Chamber will award John Colvin Memorial Scholarships, of $2,500 each, to two students who have been accepted to or are currently enrolled in a four-year degree program at a university or college in Irvine. Eligible students must have a 3.0 GPA or higher, a demonstrated commitment to a fitness lifestyle, and an objective of contributing to the health and economic vitality of Irvine and California in the future. The Chamber established the scholarship, in coordination with the Colvin family, in honor of John Greg Colvin, a long time-resident of Orange County, active Chamber member, and past...
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Chinese Delegation Visits Greater Irvine Chamber

Wednesday, March 13, 2019

A trade delegation of more than 20 business leaders and government officials from the Chinese province of Shaanxi in March visited the Greater Irvine Chamber to learn about services available through the Chamber, and how the organization operates as a business association. The Chamber’s economic development team presented on Irvine’s strengths as a master-planned community; the city is an economic powerhouse, with its strong life-science and technology sectors, and robust innovation eco-system. As part of their visit, the delegates met with Bryan Starr, president and CEO, Greater Irvine Chamber. Driving forward economic development in the region, the Greater Irvine Chamber regularly hosts international delegations...
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Advocacy Releases “Small Business GDP, 1998–2014”

Thursday, March 07, 2019

Small businesses are the lifeblood of the U.S. economy: they create two-thirds of net new jobs and drive U.S. innovation and competitiveness. A new report shows that they account for 44 percent of U.S. economic activity. This is a significant contribution, however this overall share has declined gradually. U.S. gross domestic product (GDP) is the market value of the goods and services produced by labor and property located in the United States. Across the 16 years from 1998 to 2014, the small business share of GDP has fallen from 48.0 percent to 43.5 percent. Over the same period, the amount of...
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Survey: US Businesses Added a Solid 183,000 Jobs Last Month

Thursday, March 07, 2019

are continuing to hire even as economic growth is likely slowing. Payroll processor ADP said that last month’s job gains were down from the 300,000 added in January, a figure that was revised up sharply from 213,000. It was also below last year’s average monthly gain of about 235,000. Hiring occurred across all major industries tracked by ADP, including professional and business services, which includes high-paying fields such as accounting and engineering, which gained 49,000 jobs. Education and health care added 37,000. Construction gained 25,000 jobs and manufacturing 17,000. Mark Zandi, chief economist at Moody’s Analytics, a forecasting firm that compiles the ADP...
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Successful Greater Irvine Chamber-Led Delegation to UK Showing FDI Progress

Wednesday, March 06, 2019

The Greater Irvine Chamber in February led a delegation focused on foreign direct investment and composed of Irvine city officials, executives, and lifescience and technology experts to London, where they formally interviewed company executives from those industry sectors who are considering expansion to the U.S. “Two previous missions and a lot of groundwork and follow-up has enhanced the reputation of Irvine in the U.K. so that company executives were eager to meet with us and discuss expansion opportunities,” said Linda DiMario, executive vice president, Greater Irvine Chamber. “Our foreign direct investment work is gaining measureable traction and progress among U.K. lifescience companies...
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Irvine’s Balanced Checkbook

Friday, March 01, 2019

By Bryan Starr, president and CEO, Greater Irvine Chamber, as seen in the March issue of Irvine Standard. You probably know Irvine has been ranked No. 1 in public safety for 13 consecutive years. But you might not know why. One reason is another No. 1 ranking Irvine just received: Tops in California in fiscal strength — beating every other large city from San Francisco to San Jose to San Diego. How did the city become so fiscally strong? Think of the well-maintained shopping centers you visit, and the strength of your home value. Retail and property taxes fund two-thirds of the city’s budget. Now think...
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California is No. 1 in Medical Device Industry

Thursday, February 28, 2019

Despite complaints about the high costs of doing business, California is unrivaled when it comes to the size of its medical device industry — not to mention the range of innovations. From medtech employment to patent numbers to the amount of venture capital investment, California is well ahead of other states. It accounted for nearly a fourth of the U.S. medical device industry’s revenue in 2017, according to IBISWorld. Top 10 Medical Device States California Minnesota Massachusetts Florida Indiana Pennsylvania New York Texas Illinois New Jersey The Golden State’s medical device industry is actually made up of a number of major hubs running down the length of the state: Orange County Orange County exported more than...
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Study: EU Single Largest Foreign Investor in US

Wednesday, February 27, 2019

The European Union, currently a 28-nation bloc, is the single largest foreign investor in the United States, with $2.37 trillion in foreign direct investment, according to a recent study by the EU Delegation to the U.S. The U.S. and the EU enjoy a balanced trade relationship to the benefit of both: $528 billion in U.S. exports of goods and services to the EU in 2017 and a commensurate $629 billion in EU exports of goods and services to the U.S., the study found. This trade and investment relationship generates nearly 7 million jobs for U.S. workers. An online interactive data tool lets users explore...
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Applied Innovation Doubling Cove Footprint at UCI Park

Thursday, February 21, 2019

The Cove, the University of California-Irvine’s tech facility and office space that is home to the school’s Applied Innovation business and entrepreneur incubator program, is gearing up to expand its presence in Orange County’s startup scene. UCI Applied Innovation this month told the Business Journal that it had put the finishing touches on a new lease that will nearly double the Cove’s square footage at UCI Research Park, a 36-building business park next to the university that’s run by Newport Beach-based Irvine Co. Applied Innovation currently occupies about 46,000 square feet of space at UCI Research Park; its new home will run...
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Destination Irvine’s Leading Role in Hotel Partners’ Success

Tuesday, February 19, 2019

Wendy Haase, senior director of Destination Irvine, and colleagues AnaLaura Beccera, director of corporate sales, and Dave Lucey, director of sports sales, recently presented details to Irvine hotel directors and sales managers on Destination Irvine’s central role in promoting the city as a preferred overnight destination in Southern California for meeting groups, sports organizations, and business and leisure travelers. The presentation provided insight on how the hoteliers can leverage their partnership with the organization’s sales team and utilize Destination Irvine resources when booking business at their properties, including meeting planner incentives and marketing materials like the annual Irvine Visitors Guide. “This was...
Irvine: The City of Health

Monday, February 18, 2019

By Bryan Starr, President and CEO, Greater Irvine Chamber of Commerce As published in the Feb. 18 issue of the Orange County Business Journal. Irvine is an impressive community in many ways as the result of the visionary Irvine Master Plan established more than a half-century ago. A major factor in the city’s exceptional quality of life today is convenient access to some of the finest healthcare institutions in the world. Patients accessing healthcare in Irvine, from routine maintenance to advanced disease treatment, receive top care delivered by some of the world’s most expert practitioners using the latest science and technology. Greater Irvine...
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A Robust Job Gain in January Shows US Economy’s Durability

Monday, February 04, 2019

U.S. employers shrugged off last month’s partial shutdown of the government and engaged in a burst of hiring in January, adding 304,000 jobs, the most in nearly a year. The healthy gain the government reported illustrated the job market’s resilience nearly a decade into the economic expansion. The U.S. has now added jobs for 100 straight months, the longest such period on record. The unemployment rate did rise in January to 4 percent from 3.9 percent, the Labor Department said, but mostly for a technical reason: The number of people counted as temporarily unemployed jumped 175,000, with most of that increase consisting...
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Destination Irvine Promotes City’s Sports Assets at America’s Most Unique Sports Trade Show

Monday, February 04, 2019

Dave Lucey, director of sports sales for Destination Irvine, in January met with more than 20 organizations, including USA Volleyball, USA Rugby, and International Slow-pitch Softball, during one-on-one appointments and networking opportunities at the third annual Sports Express trade show held in Honolulu, Hawaii. Unlike other sports industry conferences, the week-long Sports Express trade show is centered on maximizing attendees’ interactions with the industry’s most active sports planners. Lucey works to promote Irvine’s sports facilities, including those at the Orange County Great Park, to attract major sports tournaments and events worldwide. During the first six months of the 2018-2019 fiscal year, he...
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Greater Irvine Chamber Executive Leadership Present State of the Chamber to Irvine City Council

Wednesday, January 30, 2019

The Greater Irvine Chamber executive team made a presentation on the State of the Chamber to the Irvine City Council and members of the public during the Jan. 22 Irvine City Council meeting. The presentation provided insight into recent accomplishments and current initiatives as they relate to the Chamber’s mission to advance the economic vitality of greater Irvine. “[Chamber executives] are here to talk about the [Greater Irvine] Chamber and Irvine’s economic vitality,” Irvine Mayor Don Wagner said. “And, there is no better partner than the Chamber of Commerce.” Bryan Starr, president and CEO of the Chamber, and Linda DiMario, executive vice...
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Irvine Tops List in Financial Health

Wednesday, January 30, 2019

Irvine is the financially healthiest big city in America, according to a new study by a nonprofit dedicated to financial transparency in the public sector. “Irvine is a community that was master-planned for success from its inception more than 50 years ago. Its founders planned the city to ensure sustainable fiscal strength long into the future,” said Bryan Starr, president and CEO,Greater Irvine Chamber. “It comes as no surprise that Irvine has been recognized for its financial health.”  California’s other big cities fall firmly in the middle, with Southern California burgs healthier than many of their Northern California counterparts, says Chicago-based watchdog group Truth in Accounting. The...
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Irvine City Management Addresses Packed House at January Economic Vitality Council Meeting

Wednesday, January 23, 2019

Irvine’s city management team provided an update on its plans for the upcoming year to a packed house during the Greater Irvine Chamber’s January Economic Vitality Council (EVC) meeting. “Irvine is a city of tremendous ambition. It was born of ambition. Irvine has a great past and an even greater future ahead of it,” Irvine City Manager John Russo said to more than 60 business and community leaders that attended the meeting. Among other topics, Russo discussed plans and progress at the Orange County Great Park. Maryanna Marisheva, assistant city manager, provided details of Irvine’s newly approved two-year budget. Pete Carmichael, director of...
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Chamber Life Science and Technology Delegation Returning to UK

Tuesday, January 22, 2019

The Greater Irvine Chamber is leading a delegation of City of Irvine officials, business leaders, and life science and technology experts returning to the U.K. The delegates are set to meet with more life science and technology companies that may be exploring expansion into the U.S. and Irvine/Orange County in Southern California specifically. The goal of the mission is to build awareness for Irvine/Orange County and its life science/technology industry strength and identify, connect with, and encourage U.K.-based life science companies to look at Irvine/Orange County when considering expansion into the U.S. This Foreign Direct Investment mission, planned for Feb. 11-15,...
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280,000-Square-Foot Ice Skating Facility Opens at OC Great Park

Wednesday, January 02, 2019

Whether you’re practicing triple salchows or tying your laces for the first time, the new Great Park Ice facility is open for public skating sessions as of Wednesday, Jan. 2. The long anticipated 280,000-square-foot rink – part of the Anaheim Ducks RINKS network – has been under construction since February 2017. Though two of the four ice sheets, a restaurant and Ducks team store aren’t quite finished, the public is invited to check out the facility and take a whirl on the two completed ice sheets, said Art Trottier, vice president of the Anaheim Ducks RINKS, which runs ice facilities in Anaheim and four...
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Greater Irvine Chamber Marks its 40th Year Supporting the Visionary Irvine Master Plan

Wednesday, January 02, 2019

A Message from Greater Irvine Chamber President and CEO Bryan Starr Originally published in the Jan. 3, 2019 issue of the Orange County Register|Irvine World News. As the Greater Irvine Chamber celebrates its 40th Anniversary this year, the organization’s professional staff and Board of Directors continues its work to support the Irvine Master Plan and to advance the economic vitality of greater Irvine. Through its numerous programs and events, the Greater Irvine Chamber convenes thousands of business leaders every year to build long-lasting professional relationships. The Greater Irvine Chamber has partnered with Irvine’s highly-ranked schools and 15 colleges and universities on programs that help ensure a...
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City of Irvine Has Released Interactive Web-based Development Map

Tuesday, November 27, 2018

The City of Irvine has released a new electronic, interactive, web-based map to track development proposals in an effort to enhance transparency and aid citizens in understanding projects that may affect the community. The map features an overview of major developments approved in the last five years, including those under construction and recently completed. The map will be regularly updated as new proposals are submitted for review and as major projects start construction. City of Irvine staff has placed this valuable information on the City’s website. For more information, call 949-724-6450, or visit cityofirvine.org/transparency.
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Save-The-Date: Orange County World Trade Week 2019 Slated for May 16

Monday, November 19, 2018

The Greater Irvine Chamber will host the fifth annual Orange County World Trade Week (OCWTW) Breakfast and Forum on Thursday, May 16, 2019, 7:30 a.m. – 12 p.m., at the Irvine Marriott, 18000 Von Karman Ave. The OCWTW 2019 program will feature a keynote address by a representative from Experian Decision Analytics, an Export Success Panel discussion, and an International Resource EXPO. Returning are Founding and Presenting Sponsor UPS, and Champion Sponsor HSBC. OCWTW brings together Orange County’s International-American chambers and business associations, public sector and private trade organizations, and members of business community to grow awareness of the impact of international trade and export...
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Irvine’s Tech Strength Attracts Bay Area Companies

Friday, September 14, 2018

As envisioned by the Irvine Master Plan, the city was built around a major university – what is now the University of California, Irvine (UCI) – to ensure area employers would always have a readily available workforce skilled in the latest technology. Irvine-based companies recognize this as a distinctive asset. And, executives at Bay Area tech firms are noticing. One such firm diving into Irvine’s high-tech talent pool is Vincit, a digital design and app development agency. Vincit California has successfully expanded from Finland to Irvine’s Spectrum Business Center – by way of Silicon Valley. After starting its U.S. venture in the...